In a message dated 10/2/2006 3:41:07 PM Eastern Standard Time,
b.a.savage@wildblue.net writes:
As my High School girl friends father, who was a missionary in China, used
to say,
"Beware the yellow menace."
I think Mac Arthur said it first.
To add to this, China, Inc., is a capitalistic economy run by communists. No
real voting, no AFL-CIO, no UAW, and a country that isn't as westernized as
the Japanese were before their economy exploded will take a lot longer to get
it's salaried workers upscale enough to a point where the rest of the world
can compete again.
I believe this is called Xenophobia, mostly by businesses that make huge
profits in trading with practically slave labor. The bright side for the USA
is
our neighbors to the far east will shortly out-produce us in global-warming
production, and we can point fingers at them.
This is all IF there isn't a fresh revolution or some other events to derail
the economy.
Bob W
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